Bardstown VA Loan Rates, Closing Costs & Stats

Bardstown, KY

A VA loan is a mortgage loan that’s backed by the Department of Veterans Affairs (VA) for those who have served or are presently serving in the U.S. military. The VA does not directly lend, it guarantees the loans made by private lenders to veterans, active military personnel, and qualifying military spouses.

The most obvious benefit of VA loans is that no downpayment is necessary to purchase a home. They will also typically have significantly lower fees-- meaning that if you're eligible to receive a VA loan, it will likely be the most favorable option. VA loans come in 3 varities: purchase, refinance and cash out refis.

For additional benefits of VA loans, click here.

Bardstown's 32 lenders originated 78 VA loans during 2023. The total origination value was $21,630,000, with an average VA loan value of $277,308.

Bardstown VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Bardstown averaged 6.48% for the week of 2024-07-12, compared to the national average (all VA variants) of 6.364% for the same period.

Bardstown's average VA mortgage closing costs are $5,787.

The average rate for the prior week (2024-07-05) was 6.59% and one month ago for the week of 2024-06-07, the average rate was 6.61%.

The average rate one year ago was 7.08%.

For refis of the same type during the week of 2024-07-12, the average rate was 6.26%.

Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

Bardstown VA Loan Lenders by Rates & Fees

The below table looks at the average fees/closing costs and rates for VA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Bardstown level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Mortgage Research Center, LLC 12 6.56% $4,274
QUICKEN LOANS, LLC 8 6.46% $13,351
Northpointe Bank 6 6.21% $11,921
NAVY FEDERAL CREDIT UNION 4 5.97% $11,848
LOANDEPOT.COM, LLC 3 7.00% $12,245
PENNYMAC LOAN SERVICES, LLC 3 6.63% $10,772
Magnolia Bank 3 6.75% $9,323
SOUTH CENTRAL BANK, INC. 3 6.92% $4,607
STOCKTON MORTGAGE CORPORATION 3 6.58% $7,150
INTERLINC MORTGAGE SERVICES, LLC 2 6.13% $5,688
Stock Yards Bank & Trust Company 2 6.31% $12,598
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 7.25% $6,895
HOMESIDE FINANCIAL, LLC 2 6.44% $7,823
UNITED WHOLESALE MORTGAGE, LLC 2 6.50% $6,495
USAA Federal Savings Bank 2 7.06% $5,360
RUOFF MORTGAGE COMPANY, INC. 2 6.88% $3,134
PLAZA HOME MORTGAGE, INC. 2 6.44% $5,995
NEW DAY FINANCIAL, LLC 1 7.75% $15,663
CALCON MUTUAL MORTGAGE LLC 1 6.63% $5,414
Century Mortgage Company DBA Century Lending Company 1 7.25% $5,488
Citizens Bank 1 6.00% $10,527
ENVOY MORTGAGE, LTD 1 6.75% $6,851
FIRST COMMUNITY MORTGAGE, INC. 1 5.75% $10,721
FREEDOM MORTGAGE CORPORATION 1 7.50% $10,568
MORTGAGE SOLUTIONS OF COLORADO, LLC 1 7.75% $5,278
MOVEMENT MORTGAGE, LLC 1 7.25% $9,289
AMERICAN FINANCIAL RESOURCES, INC. 1 7.25% $7,187
NEWREZ LLC 1 7.25% $18,265
PENTAGON FEDERAL CREDIT UNION 1 5.25% $2,381
Plains Commerce Bank 1 6.25% $7,080
SUCCESS MORTGAGE PARTNERS, INC. 1 6.50% $5,730
Truist 1 6.13% $2,493

The top Bardstown VA lender as defined by loan originations is Mortgage Research Center, LLC, with 12 VA loans originated. Their average total fees are $4,274, which is $9,077 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee Bardstown VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($4,274), .

The lowest rate Bardstown VA lenders (with over 10 loans originated) are Mortgage Research Center, LLC (6.56%), .


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Bardstown (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $185,000 (6.4%) $218,108 (0.0%) 0.00 154
2018-02-01 $183,900 (7.4%) $213,216 (-0.7%) 0.00 156
2018-03-01 $199,900 (12.7%) $235,839 (6.2%) 0.00 140
2018-04-01 $199,923 (7.5%) $238,378 (0.5%) 0.00 143
2018-05-01 $199,900 (5.5%) $242,985 (6.0%) 0.00 142
2018-06-01 $205,000 (13.9%) $248,361 (7.9%) 0.00 159
2018-07-01 $216,200 (5.5%) $249,654 (7.9%) 0.00 159
2018-08-01 $219,900 (10.2%) $254,819 (15.1%) 0.00 165
2018-09-01 $217,450 (7.4%) $241,761 (8.8%) 0.00 163
2018-10-01 $194,825 (1.2%) $232,945 (3.1%) 0.00 168
2018-11-01 $184,950 (-0.9%) $230,306 (0.9%) 0.00 171
2018-12-01 $179,900 (-3.8%) $224,743 (-0.8%) 0.00 173
2019-01-01 $182,325 (-1.5%) $223,496 (2.5%) 0.00 180
2019-02-01 $195,650 (6.4%) $240,171 (12.6%) 0.00 167
2019-03-01 $204,329 (2.2%) $246,556 (4.5%) 0.00 158
2019-04-01 $204,829 (2.5%) $248,298 (4.2%) 0.00 154
2019-05-01 $215,925 (8.0%) $252,700 (4.0%) 0.00 154
2019-06-01 $214,500 (4.6%) $247,552 (-0.3%) 0.00 172
2019-07-01 $208,950 (-3.4%) $241,916 (-3.1%) 0.00 171
2019-08-01 $203,209 (-7.6%) $230,690 (-9.5%) 0.00 173
2019-09-01 $190,098 (-12.6%) $220,780 (-8.7%) 0.00 173
2019-10-01 $179,975 (-7.6%) $217,999 (-6.4%) 0.00 176
2019-11-01 $179,900 (-2.7%) $229,262 (-0.5%) 0.00 178
2019-12-01 $172,900 (-3.9%) $223,165 (-0.7%) 0.00 167
2020-01-01 $174,950 (-4.0%) $223,081 (-0.2%) 0.00 151
2020-02-01 $175,950 (-10.1%) $233,365 (-2.8%) 0.00 126
2020-03-01 $182,625 (-10.6%) $236,968 (-3.9%) 0.00 130
2020-04-01 $196,250 (-4.2%) $243,648 (-1.9%) 0.00 121
2020-05-01 $221,050 (2.4%) $253,062 (0.1%) 0.00 109
2020-06-01 $235,000 (9.6%) $276,388 (11.7%) 0.00 96
2020-07-01 $262,175 (25.5%) $292,252 (20.8%) 0.00 79
2020-08-01 $279,000 (37.3%) $301,157 (30.6%) 0.00 71
2020-09-01 $267,925 (40.9%) $317,529 (43.8%) 0.00 72
2020-10-01 $264,225 (46.8%) $308,883 (41.7%) 0.00 80
2020-11-01 $245,000 (36.2%) $278,864 (21.6%) 0.00 88
2020-12-01 $244,925 (41.7%) $272,331 (22.0%) 0.00 84
2021-01-01 $239,000 (36.6%) $264,290 (18.5%) 0.00 75
2021-02-01 $239,900 (36.4%) $273,775 (17.3%) 0.00 49
2021-03-01 $235,550 (29.0%) $307,844 (29.9%) 0.00 39
2021-04-01 $228,200 (16.3%) $377,638 (55.0%) 0.00 36
2021-05-01 $292,500 (32.3%) $461,132 (82.2%) 0.00 31
2021-06-01 $270,950 (15.3%) $378,177 (36.8%) 0.00 49
2021-07-01 $285,000 (8.7%) $374,791 (28.2%) 0.00 63
2021-08-01 $258,175 (-7.5%) $327,870 (8.9%) 0.00 86
2021-09-01 $272,400 (1.7%) $345,269 (8.7%) 0.00 87
2021-10-01 $269,950 (2.2%) $334,001 (8.1%) 0.00 91
2021-11-01 $272,475 (11.2%) $335,734 (20.4%) 0.00 94
2021-12-01 $267,475 (9.2%) $341,466 (25.4%) 0.00 83
2022-01-01 $299,900 (25.5%) $364,973 (38.1%) 0.00 69
2022-02-01 $289,975 (20.9%) $351,132 (28.3%) 0.00 58
2022-03-01 $309,838 (31.5%) $364,567 (18.4%) 0.00 54
2022-04-01 $349,900 (53.3%) $386,651 (2.4%) 0.00 53
2022-05-01 $299,950 (2.6%) $358,312 (-22.3%) 0.00 83
2022-06-01 $289,950 (7.0%) $334,909 (-11.4%) 0.00 98
2022-07-01 $289,950 (1.7%) $317,690 (-15.2%) 0.00 134
2022-08-01 $287,425 (11.3%) $319,366 (-2.6%) 0.00 152
2022-09-01 $293,700 (7.8%) $322,986 (-6.5%) 0.00 152
2022-10-01 $289,000 (7.1%) $316,637 (-5.2%) 0.00 171
2022-11-01 $284,950 (4.6%) $307,077 (-8.5%) 0.00 169
2022-12-01 $284,950 (6.5%) $306,204 (-10.3%) 0.00 142
2023-01-01 $291,200 (-2.9%) $328,656 (-10.0%) 0.00 125
2023-02-01 $289,938 (0.0%) $326,933 (-6.9%) 0.00 116
2023-03-01 $289,938 (-6.4%) $321,845 (-11.7%) 0.00 112
2023-04-01 $285,425 (-18.4%) $325,561 (-15.8%) 0.00 101
2023-05-01 $289,950 (-3.3%) $351,470 (-1.9%) 0.00 110
2023-06-01 $289,950 (0.0%) $338,478 (1.1%) 0.00 120
2023-07-01 $289,950 (0.0%) $336,983 (6.1%) 0.00 98
2023-08-01 $297,450 (3.5%) $328,319 (2.8%) 0.00 105
2023-09-01 $314,900 (7.2%) $338,991 (5.0%) 0.00 114
2023-10-01 $324,963 (12.4%) $345,992 (9.3%) 0.00 126
2023-11-01 $309,988 (8.8%) $342,425 (11.5%) 0.00 132
2023-12-01 $305,000 (7.0%) $357,400 (16.7%) 0.00 145
2024-01-01 $308,675 (6.0%) $362,872 (10.4%) 0.00 132
2024-02-01 $306,175 (5.6%) $364,932 (11.6%) 0.00 134
2024-03-01 $314,900 (8.6%) $348,803 (8.4%) 0.00 116
2024-04-01 $313,675 (9.9%) $350,058 (7.5%) 0.00 119
2024-05-01 $299,900 (3.4%) $349,085 (-0.7%) 0.00 133
2024-06-01 $299,900 (3.4%) $342,523 (1.2%) 0.00 131
Bardstown's median listing price for 2024-06-01 was $299,900, a difference of $9,950 (3.4%) versus the prior year and $0 versus the prior month.

Bardstown's median listing price comes in at 0% of the national average.

Bardstown's average listing price for 2024-06-01 was $342,523, a difference of $4,045 (1.2%) versus the prior year and $-6,562 versus the prior month.

For the 2024-06-01 period, Bardstown had 131 MLS listings, a difference of -2 listings (-2%) versus the prior month and 11 listings (9%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Bardstown (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,767 sqft
2018-02-01 0 days 1,677 sqft
2018-03-01 0 days 1,760 sqft
2018-04-01 0 days 1,787 sqft
2018-05-01 0 days 1,751 sqft
2018-06-01 0 days 1,792 sqft
2018-07-01 0 days 1,927 sqft
2018-08-01 0 days 1,934 sqft
2018-09-01 0 days 1,795 sqft
2018-10-01 0 days 1,689 sqft
2018-11-01 0 days 1,637 sqft
2018-12-01 0 days 1,558 sqft
2019-01-01 0 days 1,550 sqft
2019-02-01 0 days 1,669 sqft
2019-03-01 0 days 1,689 sqft
2019-04-01 0 days 1,683 sqft
2019-05-01 0 days 1,785 sqft
2019-06-01 0 days 1,800 sqft
2019-07-01 0 days 1,797 sqft
2019-08-01 0 days 1,686 sqft
2019-09-01 0 days 1,536 sqft
2019-10-01 0 days 1,442 sqft
2019-11-01 0 days 1,478 sqft
2019-12-01 0 days 1,400 sqft
2020-01-01 0 days 1,400 sqft
2020-02-01 0 days 1,500 sqft
2020-03-01 0 days 1,620 sqft
2020-04-01 0 days 1,651 sqft
2020-05-01 0 days 1,745 sqft
2020-06-01 0 days 1,794 sqft
2020-07-01 0 days 1,864 sqft
2020-08-01 0 days 1,869 sqft
2020-09-01 0 days 1,900 sqft
2020-10-01 0 days 1,748 sqft
2020-11-01 0 days 1,671 sqft
2020-12-01 0 days 1,653 sqft
2021-01-01 0 days 1,659 sqft
2021-02-01 0 days 1,731 sqft
2021-03-01 0 days 1,841 sqft
2021-04-01 0 days 1,825 sqft
2021-05-01 0 days 2,168 sqft
2021-06-01 0 days 1,884 sqft
2021-07-01 0 days 1,805 sqft
2021-08-01 0 days 1,751 sqft
2021-09-01 0 days 1,773 sqft
2021-10-01 0 days 1,800 sqft
2021-11-01 0 days 1,764 sqft
2021-12-01 0 days 1,728 sqft
2022-01-01 0 days 1,800 sqft
2022-02-01 0 days 1,764 sqft
2022-03-01 0 days 1,800 sqft
2022-04-01 0 days 1,762 sqft
2022-05-01 0 days 1,676 sqft
2022-06-01 0 days 1,645 sqft
2022-07-01 0 days 1,500 sqft
2022-08-01 0 days 1,517 sqft
2022-09-01 0 days 1,592 sqft
2022-10-01 0 days 1,524 sqft
2022-11-01 0 days 1,525 sqft
2022-12-01 0 days 1,510 sqft
2023-01-01 0 days 1,541 sqft
2023-02-01 0 days 1,522 sqft
2023-03-01 0 days 1,503 sqft
2023-04-01 0 days 1,503 sqft
2023-05-01 0 days 1,522 sqft
2023-06-01 0 days 1,522 sqft
2023-07-01 0 days 1,524 sqft
2023-08-01 0 days 1,551 sqft
2023-09-01 0 days 1,650 sqft
2023-10-01 0 days 1,652 sqft
2023-11-01 0 days 1,591 sqft
2023-12-01 0 days 1,529 sqft
2024-01-01 0 days 1,529 sqft
2024-02-01 0 days 1,528 sqft
2024-03-01 0 days 1,562 sqft
2024-04-01 0 days 1,561 sqft
2024-05-01 0 days 1,564 sqft
2024-06-01 0 days 1,553 sqft
Bardstown's median listing age (time on market) for 2024-06-01 was 0 days.

Bardstown's median square footage for active listings during the 2024-06-01 period was 1,553 sqft. One year prior, the average listing was 1,522 sqft.

VA Loan Features

  • No down payment required
  • Negotiable and competitive interest rate.
  • Ability to finance the VA funding fee (plus reduced funding fees with a down payment of at least 5 percent and exemption for veterans receiving VA compensation).
  • VA rules limit the amount you can be charged for closing costs.
  • Closing costs are comparable with other financing types (and may be lower).
  • Closing costs may be paid by the seller.
  • No private mortgage insurance premiums are required.
  • An assumable mortgage.
  • Right to prepay your mortgage without penalty.
  • For homes inspected by VA during construction, a warranty from builder and assistance from VA to obtain cooperation of builder.
  • VA assistance to veteran borrowers in default due to temporary financial difficulty.